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20110719
20110719
Search Results 0 to 23 of about 24 (some duplicates have been removed)
of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
the republican ranks? juan and mary katharine are investigating. >> president obama, you have been a big supporter. >> i'm going to vote for him for his re-election in 2012. >> a bevy of hold stars once again funneling big money at the president's campaign. we will run down the list. caution, you are about to enter the no spin zone, the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. the future of the country hangs on the debt debate. that is the subject of this evening's talking points memo. on paper, the debt thing is boring. and many americans aren't paying attention. but the controversy will define the future of the u.s.a. on one side, president obama, the democratic party, want america to become an entitlement state that compels social justice. financially supporting americans who can't o. won't support themselves. >> on the other side, republicans want a lean mean economic machine. the g.o.p. doesn't much care about providing money to those who have not. the party wants to drastically cut government spe
. >> whether you get the big or not, you know this won't pass the senate. >> i don't know if it will or won't. >> do you believe we should raise the ceiling? yes or no. >> if the senate is responsibility, then cut, cap and balance will pass. >> let me ask you a question -- do you agree with the president that we need to raise the ceiling, president obama? >> i will vote to raise the debt ceiling if we address the long-term issue of federal insolvency caused by -- if we do not address the long-term issue, the risk associated with piling on higher and higher debt loads, if we don't address that, then, no, sir, i will not vote for the debt ceiling. >> ronald railinger, who was someone i'm sure you admire, let me show you what he said about the dead ceiling, maybe you should tell your colleagues this. >> i'm familiar with this quote. >> congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds, those who rely on associate security and vet ran benefits. the united states has a special responsi
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
to raise money from big donors because they don't really like her. i think a few things are going on. that could be true. perry sitting on sidelines could be true. i think if the corporations or big donors, big bundlers have money to give, they are giving it to the senate g.o.p. races. >> bob: they are. the other reason they are not giving it to her is they are scared to death that she will become president. that's my new zealand point. give her credit for raising money. she did it last year, and state-of-the-arted in the healthcare debate. she was smart getting out there -- and smart in the healthcare debate. this is not as formidable -- >> eric: this is only june 27. >> bob: but the real key is in the presidential politics, how many times do you go to the donor list to give money? if you have those small con industrybutions you can go back four or five times. if you can't go back ten times you are probably not going to hold up a big number. >> eric: there is also news she may have quit her church. what do you know? >> greg: the church had interesting things to say about the pope. a
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on "cup, cap and balance." cutting spending to 2004 levels and caps it and freezes it right there and calls for a balanced budget amendment to the constitution. >> all that we ask in this bill is that we simply allow the states to weigh in, should the federal government live under a balanced budget amendment. should they do that? >> i don't understand why people won't vote for the a balanced budget amendment because it's the only discipline that will ever force the politics of washington to meet the responsibilities of washington. >> let's do somethi
edited these newspapers in london to get the scoop, to get the big story and to do whatever it took to get that story? >> huge pressure. and i detail that in my book as well. you know, when you're an editor of a british tabloid newspaper, you're in a commercial war and you're encouraged to be aggressive, forceful, to pursue stories with the full mite of your reporting army. but most news organizations are the same. rupert murdoch's happened to be more successful than most over the years. the king for me listening to murdoch, a lot of what he said resonated. people may be bemused by what he said, but when he says he didn't have much day to day contact with these papers, that's true. i spoke to the editors of "news of the world" maybe once a week, once every two weeks. he didn't ask me about methodologies of stories. he would say what's going on and you told him what stories. i had editors, i have managers, i have lawyers, i have accountants. they do all the box ticking here. my job is just to get an overview of what's going on. when you run a company of 50,000 people, it is a bit rid
ceiling, pay its bills based on big-ticket items. that would be interest on the debt. social security, medicare and medicaid, defense spenders. more than $30 billion. unemployment insurance. what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of
a picture for us about how a newspaper like news of the world goes about reporting on such a big story? what the level of the editor, deputy editor, senior reporters would be in putting together and overseeing the story? >> i think any big story. forrer the purpose of process most stories start out with the reporter. and that reporter may be being asked by the news editor to go and investigate a story or they may have brought information about a story from their own contacts to the news editor. it is at that stage in a newspaper where the reporter and news editor discuss the voracity of the information, go out and check the allegations, and come back with a more considered view. you can imagine that every newspaper gets a lot of information to the news desk and only percentage very small percentage makes it actually to publication. there are many layers from reporter to assistant news editor to news editor. finally this story will go to the back bench which will be the people that will oversee the stopping of that story and the subwill often talk to the reporter directly with questions and a
Search Results 0 to 23 of about 24 (some duplicates have been removed)